CBB stock: buy or sell?
March 31st, 2020
Cincinnati Bell Inc., together with its subsidiaries, provides diversified telecommunications and technology services to residential and business customers in the United States.
Should I buy CBB stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Cincinnati Bell stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Cincinnati Bell stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for CBB stock for the last month.
CBB stock analysis
Cincinnati Bell shares declined -0.41% to $14.64 today.
Cincinnati Bell closed today at $14.64 and declined a lame -0.41%. Since SMA100d and SMA200d crossed up on January, CBB price climbed $3.57 per share (32.25%). Since December when CBB stock price broke up the SMA200d line, it gained $8.19 (126.98%).
After boosting a dazzling 7.06% in a week last week, Cincinnati Bell closed this week at $14.64 and decreased a lame -0.61%. By mid March CBB plunged a spooky -7.67% in just one week.
Since SMA20d and SMA40w crossed up early January, CBB price climbed $4.26 per share (41.04%). Since price and SMA40w lines crossed up late November 2019, CBB climbed $8.32 (131.65%).
CBB stock price history
CBB stock went public on March 17th, 1980 with a price of $0.001. Since then, CBB stock grew a inf%, with a yearly average of inf%. If you had invested $1,000 in CBB stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
CBB stock historical price chart
CBB stock reached 52-week highs on March/6 at $16.05, and all-time highs 2000-01-10 with a price of 204.47.
CBB stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not found any price prediction for Cincinnati Bell stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareCincinnati Bell reported super good results for 2018-Q4 . Cincinnati Bell boosted Earnings per Share (EPS) by 292.90%, beating analysts estimates of $-0.14. Cincinnati Bell posted $-0.55.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Cincinnati Bell annual turnover skyrocketed an extraordinary 29.32% to $1,378.20 M USD from $1,065.70 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) slipped a -8.82% to -5.06%.
|2013||$1,260 M||-||$-54.70 M-4.3%||-|
|2014||$1,278 M||1.44%||$76 M5.9%||-238.21%|
|2015||$1,168 M||-8.64%||$354 M30.3%||367.86%|
|2016||$1,186 M||1.54%||$102 M8.6%||-71.13%|
|2017||$1,066 M||-10.13%||$40 M3.8%||-60.82%|
|2018||$1,378 M||29.32%||$-69.80 M-5.1%||-274.50%|
Quarterly financial resultsCincinnati Bell reported $399.00 M in revenues for 2018-Q4, a 3.18% improvement compared to previous quarter. Reported quarter income marked $-30.00 million with a profit margin of -7.52%. Profit margin slightly fell a -2.94% compared to previous quarter when profit margin was -4.58%. When comparing revenues to same quarter last year, Cincinnati Bell sales marked a scary slide and plunged a -23.85%. Looking back to recent quarterly results, Cincinnati Bell posted 3 positive quarters in a row.
|2017-Q1||$278 M||-||$60.40 M21.7%||-|
|2017-Q2||$294 M||5.68%||$2.10 M0.7%||-96.52%|
|2017-Q3||$289 M||-1.63%||$-11.20 M-3.9%||-633.33%|
|2017-Q4||$524 M||81.19%||$-16.80 M-3.2%||50.00%|
|2018-Q1||$296 M||-43.57%||$-8.30 M-2.8%||-50.60%|
|2018-Q2||$297 M||0.37%||$-13.80 M-4.6%||66.27%|
|2018-Q3||$387 M||30.29%||$-17.70 M-4.6%||28.26%|
|2018-Q4||$399 M||3.18%||$-30.00 M-7.5%||69.49%|
Cincinnati Bell ownershipWhen you are planning to invest in a company, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Cincinnati Bell, 2.42% of all outstanding shares are owned by its staff.
Bearish positions for CBB stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$740.1 M|
|Total shares||50.6 M|
|Float shares||45.0 M|
|- Institutional holdings (%)||100.2%|
|- Insider holdings (%)||2.4%|
|Shares in short selling||0.0%|
|Tuesday, March 31st, 2020|
|Day range||$14.60 - $14.85|
|Average true range||$0.90|
|50d mov avg||$13.54|
|100d mov avg||$10.75|
|200d mov avg||$7.82|
Cincinnati Bell performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared Cincinnati Bell against in the following table: